Alrosa has raised its production outlook for 2021 after rough-diamond demand picked up at the start of the year.The Russian miner plans to recover 31.5 million carats this year, an increase from its previous forecast of 28 million to 30 million carats, it said Tuesday. That would result in a 5%.
Singer Beyoncé Knowles-Carter and designer Lorraine Schwartz will pay for two Black industry professionals to earn a graduate gemologist degree from the Gemological Institute of America (GIA).The performer will choose the recipients of The Beyoncé Knowles-Carter x Lorraine Schwartz GIA.
Sales of jewelry and other luxury items in Hong Kong slid again in January amid a fourth wave of the coronavirus and a later Lunar New Year.Revenue from jewelry, watches, clocks and other valuable gifts fell 32% year on year to HKD 3.37 billion ($434.3 million) during the month, the.
India’s gold-jewelry exports to the US have fallen over the past decade and a half following an erosion of the Asian country’s preferential trade status, according to an industry report.Competitors in the Far East, Europe and the Middle East have captured market share from India since 2007, the.
French luxury group Kering has purchased a 5% stake in pre-owned luxury e-commerce platform Vestiaire Collective, aiming to capitalize on the growing secondhand market.Kering, which owns fashion houses Gucci and Yves Saint Laurent as well as jewelry labels Boucheron and Pomellato, will also.